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Genesis Announces August Sales

Genesis Announces August Sales

PR Newswire

FOUNTAIN VALLEY, Calif., Sept. 4, 2018

FOUNTAIN VALLEY, Calif., Sept. 4, 2018 /PRNewswire/ -- Genesis Motor America today reported sales of 613 in August, a 66 percent decrease compared with the prior year. While planning to transition to a smaller retail network, importation of model year 2018 vehicles was stopped in the spring. This retail result stems from a significant lack of inventory.

In August, Genesis participated in the Monterey Classic Car Week for the third consecutive year. Genesis displayed the high-performance Essentia Concept at McCall's Motorworks Revival: at The Quail, a Motorsports Gathering; and at the Pebble Beach Concours d'Elegance, alongside the most innovative concept vehicles. Genesis also displayed throughout the week and donated a 2019 G70 as part of a charity raffle, to benefit Animal Friends Rescue Project & Salinas Valley Memorial Hospital Foundation.

The new Genesis retail network will begin to open and the first-ever, all-new 2019 G70 luxury sport sedan will launch in September,

Brand

August-18

August-17

2018 YTD

2017 YTD

Genesis

613

1,803

8,490

13,348

Models

August-18

August-17

2018 YTD

2017 YTD

G80

477

1,484

6,621

10,471

G90

136

319

1,869

2,877

Genesis Motor America Genesis Motor America, LLC is headquartered in Fountain Valley, Calif. Genesis is a global luxury automotive brand that delivers the highest standards of performance, design and innovation. A total of six new Genesis models, including the flagship full-size G90 luxury sedan, mid-luxury G80 and G80 Sport sedans and soon-to-arrive G70 near-luxury sport sedan, will launch by 2021 and compete with the world's most renowned luxury car brands. All Genesis vehicles sold in the U.S. are covered by an industry-leading warranty with enhanced roadside assistance and concierge services. In just the first half of 2018, Genesis won highest-ranked brand in the automotive industry awards for quality and owner satisfaction from highly-respected, third-party experts Consumer Reports, J.D. Power and AutoPacific.

For more information on Genesis and its new definition of luxury, please visit www.genesis.com